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The bonds are part of the $787 billion federal stimulus act. They allow the county to create “Recovery Zones,” — ones that have significant unemployment, poverty or a high rate of home foreclosures — and lets more manufacturing projects to qualify for tax-exempt bond financing, making them more attractive for banks to loan money.
The bonds come in two forms — $36.3 million for projects in a so-called Recovery Zone — and $54.5 million for bonds that can be used to build or renovate certain types of private property in those areas, county spokeswoman Kristie Swink said.
The federal government has provided little detail as to how the bonds can be used, however, they cannot be used to build or renovate golf courses, liquor stores, massage parlors or race tracks, Swink said.

See the full article from “Atlanta Journal Constitution”